RH (RH) Soars 9.28%
RH is a RH is a luxury retailer operating in the $117 billion furniture and home furnishing industry.
From the Equity Insider archive. This article dates from Mar 27, 2021 and is preserved as first published.
RH is a RH is a luxury retailer operating in the $117 billion furniture and home furnishing industry.
RH (RH) had a good day on the market for Friday March 26 as shares jumped 9.28% to close at $578.18. About 1.98 million shares traded hands on 39,654 trades for the day, compared with an average daily volume of n/a shares out of a total float of 20.4 million. After opening the trading day at $540.00, shares of RH stayed within a range of $581.60 to $535.37.
98 million shares traded hands on 39,654 trades for the day, compared with an average daily volume of n/a shares out of a total float of 20.
With today’s gains, RH now has a market cap of $11.8 billion. Shares of RH have been trading within a range of $540.49 and $84.62 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
RH is a luxury retailer operating in the $117 billion furniture and home furnishing industry. The company offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and more and is growing the presence of its hospitality business (with 10 restaurant locations). RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Teen, RH Modern, and Waterworks, for example). The company is fully integrated across store, Web, and catalog channels, with around 40% of sales from the direct-to-consumer channel in 2019.
RH is based out of Corte Madera, CA and has some 5,100 employees. Its CEO is Gary G. Friedman.
